Cost Efficiency under Negotiated Performance-Based Contracts and Benchmarking - Are there gains through Competitive Tendering in the absence of an Incumbent Public Monopolist?

In this webinar our expert, David Hensher, shares insights into cost efficiency in negotiated performance-based contracts.\r
\r
Professor Hensher was recently identified as one of the worlds most cited individual public transport researchers. The data used in his research was obtained from numerous official and unofficial sources to assess the extent to which a NPBC with actionable benchmarking can achieve as good as, or better, improvement in cost efficiency when incumbents are not public operators. He will discuss the subject based on Australia's bigest metropolitan cities.